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Rental Properties

10 Ways to Reduce the Cash You Need to Buy a Rental Property

By G. Brian Davis | July 11, 2020
Most of us would love to have five or ten rental properties generating passive income for us every month. Far fewer of us actually own any rentals, having bumped up against one tall barrier to entry: cash. It takes investment capital to build a portfolio of rental properties. Cash for the down payment, cash for […]
Mortgage, US Real Estate

Unconventional loans grow in popularity

By Mike Wheatley | October 22, 2019
With home prices on the rise, a growing number of buyers are turning to unconventional types of loans to finance their purchases, especially in some western southern markets. Unconventional financing now accounts for around 28% of the new home build market, according to a new analysis of U.S. Census Bureau data by the National Association […]
Mortgage, US Real Estate

Freddie Mac will finance loans for manufactured homes

By Mike Wheatley | December 5, 2018
Government-backed mortgage servicing organization Freddie Mac says it will begin financing loans for manufactured housing, in an attempt to make those homes more affordable to buyers. Freddie Mac said in a statement that the idea is to run a two year pilot program called CHOICEHome, which will provide financing in the form of a traditional […]
Mortgage, Real Estate

Buyers are coming up with bigger down payments than ever before

By Mike Wheatley | September 20, 2018
As would-be buyers struggle to compete against each other due to a tigher-than-ever supply of available homes to buy, some are upping the ante by putting down larger down payments
Mobile Apps, Real Estate Technology

Rental listings site Zumper raises $46 million in Series C round

By Mike Wheatley | September 20, 2018
Rental marketplace Zumper is raising $46 million in a Series C round of funding led by Axel Springer and Stereo Capital with participation from Blackstone, Dawn Capital, Kleiner Perkins, Breyer Capital,
Home Buying

Survey: Most buyers seek financing before they start looking for a home

By Mike Wheatley | September 18, 2018
The majority of first time buyers will check to see if they can obtain financing as the first step they make, even before looking at potential listings, according to a new survey of 1,000 buyers by loanDepot and mellohome.
Real Estate Investing, US Real Estate

Fannie & Freddie launch new programs to encourage investment in rental properties

By Mike Wheatley | January 11, 2018
Investors are being encouraged to buy up more single-family rental properties thanks to the introduction of new financing programs with competitive rates from U.S. mortgage finance giants Fannie Mae and Freddie Mac.
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